Saudi Arabia's Public Investment Fund
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Investment Firm
Overview
The Public Investment Fund was originally established in 1971 to facilitate the development of the Saudi Arabian national economy. In 1974, PIF was mandated to hold equity positions in join-stock ventures within its domestic economy.
Highlights
Founded
1971
Industry
Financial Services
Employees
1001-5000
Investment
40
Lead Investment
29
Exits
17
Stages
Late Stage Venture, Seed, Private Equity, Early Stage Venture
Investor Type
Government Office
Location
Asia
Contact Information
Social
Profile Resume
Saudi Arabia's Public Investment Fund, established in 1971 and headquartered in Asia., specializes in Late Stage Venture, Seed, Private Equity, Early Stage Venture investments across Automotive, Manufacturing, Product Design, Financial Services, Venture Capital, Semiconductor, Biotechnology, Universities, Software, Transportation. The organization boasts a portfolio of 40 investments, with an average round size of $1.2B and 17 successful exits. Their recent investments include GLM, Mitsubishi UFJ Capital, UTEC - The University of Tokyo Edge Capital Partners, Uber, Geodesic Capital. The highest investment round they participated in was $1574.5B. Among their most notable exits are GLM and Mitsubishi UFJ Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Saudi Arabia's Public Investment Fund has made 40 investments. Their most recent investment was on May 30, 2024, when Simplified Financial Solutions Company raised $10.0M.
investments
40
Diversity investments
0
Lead investments
29
Number of exits
17
Investments
40
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Jan 04, 2024 | Middle East Paper Co. | Manufacturing | null |
| Jan 17, 2024 | Magic Leap | Augmented Reality | 590.0M |
| May 30, 2024 | Simplified Financial Solutions Company | Financial Services | 10.0M |
| Jun 14, 2024 | - | - | 4131.1M |
Exits
17
Funding Timeline
Funding rounds
40
Investors
3
Funds
1
Funding Rounds
40
Saudi Arabia's Public Investment Fund has raised 40 rounds. Their latest funding was raised on Jun 14, 2024 from a Secondary Market - Heathrow Airport Holdings round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Jan 04, 2024 | Private Equity Round - Middle East Paper Co. | - | 0 | - |
| Jan 17, 2024 | Debt Financing - Magic Leap | - | 590.0M | - |
| May 30, 2024 | Seed Round - Simplified Financial Solutions Company | - | 10.0M | - |
| Jun 14, 2024 | Secondary Market - Heathrow Airport Holdings | - | 4131.1M | - |
Investors
5
Saudi Arabia's Public Investment Fund is funded by 5 investor(s). Goldman Sachs and JP Morgan Chase Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
JP Morgan Chase | No | Debt Financing - Saudi Arabia's Public Investment Fund | 11000.0M |
Goldman Sachs | No | Debt Financing - Saudi Arabia's Public Investment Fund | 11000.0M |
| - | No | Debt Financing - Saudi Arabia's Public Investment Fund | 0 |
| - | No | Debt Financing - Saudi Arabia's Public Investment Fund | 3000.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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